“Jeff Bezos thinks Amazon’s one-click checkout is unique.
Priceline’s Jay Walker claims the ‘name-your-own price’ concept.
Fantasysports says it owns online gaming technology.”
“The problem is simple: The #%@$# Patent Office is handing
out exclusive rights so broad and general they cover everything.
And greedy attorneys are in a frenzy. If the trend continues,
innovation will be halted.”
“A patent is supposed to protect intellectual property,
something truly innovative. But here’s what’s going on: Common
business practices — like bargaining for a hotel room or speeding
up a purchase — are automated by software and owners claim a ‘new’
invention.”